US Edition
Focus Partners Wealth Has $685,000 Stock Position in Teck Resources Limited (NYSE:TECK)
- Several institutional investors significantly increased their holdings in Teck Resources Limited during the fourth quarter of 2024, according to SEC filings.
- This buying activity followed Teck Resources’ April 24 earnings report that showed earnings per share of $0.42, beating estimates by $0.18 but missing revenue forecasts.
- Key investors like Nuveen Asset Management raised stakes by 16.1% to 1,449,731 shares valued at $58.7 million, and Merewether Investment Management increased holdings by 78.1%.
- Analyst sentiment remains moderately positive with nine buy ratings, six hold ratings, a consensus price target of $64.11, and Bank of America raising its target to $64 on March 10.
- Teck Resources declared a quarterly dividend of $0.0901 payable June 30, with a 1.02% yield and a 58.62% payout ratio, indicating continued shareholder returns amid mixed revenue results.
11 Articles
11 Articles
Teck Recommends that Shareholders Reject "Mini-Tender Offer" by TRC Capital
The offer price of $47.80 represents a 4.46% discount to the closing price of Teck’s Class B subordinate voting shares on the Toronto Stock Exchange on May 20, 2025, the day prior to the date of the offer.
Northumberland News
Teck Recommends that Shareholders Reject “Mini-Tender Offer” by TRC Capital
VANCOUVER, British Columbia, May 23, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has been notified of an unsolicited “mini-tender” offer by TRC Capital Corporation (“TRC”) to purchase up to 2.0 million Class B…
Focus Partners Wealth Has $685,000 Stock Position in Teck Resources Limited (NYSE:TECK)
Focus Partners Wealth decreased its position in shares of Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 42.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,594 shares of the basic materia
Quantinno Capital Management LP Has $1.19 Million Stock Holdings in Teck Resources Limited (NYSE:TECK)
Quantinno Capital Management LP grew its holdings in Teck Resources Limited (NYSE:TECK – Free Report) (TSE:TECK) by 88.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,391 shares of the basic materials company’s stock after purchasing an additional 13,757 shares during the […]
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